Tag Archives: Energy

Electricity and Water

Additional 10 000 megawatt by 2019 in Nigeria

President Muhammadu Buhari said on Monday that his administration would ensure steady power supply before the expiration of his tenure through the provision of additional 10,000 megawatts.

The President gave the assurance at the National Economic Council Retreat holding at the Presidential Banquet Hall, Abuja.

According to him, 2,000 of the anticipated 10,000 megawatts will be added to the national grid in 2016.

“Nigerians’ favourite talking point and butt of jokes is the power situation in our country. But, it is no longer a laughing matter.

“We must and by the grace of God we will put things right.

“In the three years left for this administration we have givenourselves the target of 10,000 megawatts distributable power.

“In 2016 alone, we intend to add 2,000 megawatts to the national grid.

“In our determination to change we must and will, Insha Allah, put a stop to power shortages.’’

The President, who stated that the nation was facing the classic dilemma of privatisation of the power sector, noted that no remarkable improvement in the quality of service had been recorded after the exercise.

He, however, stated that the National Electricity Regulatory Commission (NERC) must ensure that consumers get value for money and over-all public interest is safe-guarded as government will complete the process of the privatisation.

Source: Daily Post, Mach 22, 2016

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Nigeria will build four nuclear power plants

Nigeria is in talks with Russia’s Rosatom to build as many as four nuclear power plants costing about $ 80bn as Africa’s biggest economy seeks to add 1 200 megawatts of capacity by the end of the decade.

Peak electricity output of Africa’s biggest economy is about 3 800 MW, with a further 1 500 MW unavailable due to gas shortages. South Africa, with a third of Nigeria’s population yet eight times more installed capacity has also signed an agreement with Rosatom as the nation looks to add 9 600 MW of atomic power to its strained grid.

Rosatom would hold a majority, controlling stake in Nigeria’s nuclear facility, while the rest would be owned by the country, with roles to be specified in contracts.

The plants would be financed by Rosatom, which would than build, own, operate and transfer them to the government.

Nigeria, with a population of around 170 million, broke up its monopoly on power generation and distribution by privatizing the sector two years ago, hoping to attract foreign investors.

Source, Business Report International, 15th April 2015, Daily News, 15th April 2015

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Economic Diversification and Non-oil Export Growth Back on the Front Burner

A peaceful outcome of the 2015 presidential election was the desire of the generality of Nigerians and the international community. Thankfully, we got it; and more. President Goodluck Jonathan converted his loss of the election to something remarkably positive for the country and for his legacy. His concession of defeat and early call to congratulate General Muhammadu Buhari, who emerged as President-elect, is surely an indelible mark in our strides to entrenching a democratic culture in Nigeria. It also serves as a needed point of reference for Africa, where a number of elections are lined up for this year. Structural Transformation The latest general election cycle coincided with a period of serious slump in the price of crude oil at the international market. From trading at well over $100 per barrel a year ago, the Nigerian grade Brent Crude now trades below $60 a barrel. This has translated to revenue shock for the government. The slump in the price of oil has also repressed foreign reserves. In line with its responsibility for financial stability, the Central Bank of Nigeria (CBN) has had to regularly draw down on the reserves to defend the local currency. It is therefore evident that, while we deservedly celebrate the peaceful outcome of the election, we are confronted with the harsh economic realities imposed by lower oil prices. However, this immediate challenge advises on the path for long-term economic management.
Continue reading Economic Diversification and Non-oil Export Growth Back on the Front Burner

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Billions for Africas Energy

Energy is a scarce resource in many African countries. It is estimated that less than 40 percent of the inhabitants of the continent have regular access to electricity. Especially bad is the supply of energy sub-saharan region. According to UNESCO, this is the only region in the world, where the absolute amount of people without access to electricity even increases.

To meet this need, even approximately, a major expansion of electricity generation capacity is essential. This would have to rise from 125 gigawatts installed today to an estimated 700 gigawatts in 2040. Many African countries are aware of this problem, already investing heavily in expanding its energy sector, or at least want to start in the near future with it.

Source: www.tube.de

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High pressure valves

ARMATUREN-TECHNIK is since its foundation in 1995 under pressure. The company from Oberhausen, Germany designes and produces hight pressure valves for power plant applications according to customer specifications. Shut-off valves, control valves, steam conditioning valves and turbine bypass stations are made of forged steel which endure in high pressure and high temperature environments. “We guarantee a minimum life of 25 years,” explains Manfred Leufgen. “More than twice as much as our competitors. The warranty is twice as long compared to many of our competitors.”

Technically two generations ahead

The CEO of ARMATREN-TECHNIK considers Germany as a leader in power plant construction. “We are technically at least two generations ahead”, Manfred Leufgen is safe for his company. Accordingly the reputation abroad is correspondingly great. The Oberhauseners build their valves in power plants in the Middle East, South America, India, Korea, China and Japan.

In doing so, the foreign customers attach great importance to the fact that the quality is “Made in North Rhine-Westphalia”, but still domestic companies are involved. “We can ensure this local share,” says Manfred Leufgen. For example, the partner companies build the housings of the valves under the guidance of employees of the ARMATUREN-TECHNIK. The know-how remains in Oberhausen. In addition to such project-based partnerships, the specialist for high-pressure valves maintains long-term partnerships.

ARMATUREN-TECHNIK

Based in Oberhausen, Germany, ARMATUREN-TECHNIK is an innovative and “engineering-centered” manufacturer of high pressure valves. The company was founded in 1995 and currently employs 21 people. ARMATUREN-TECHNIK today has cooperation partners and customers across the entire globe. The product portfolio consists of a broad array of standard and tailor-made valves and includes turbine regulation stations, control valves, steam valves, bypass valves, gate valves and check valves.

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